Today, AML software and ID verification isn’t just another checkbox on a compliance checklist, it’s the backbone of risk management for accounting and advisory firms. With regulators demanding robust client due diligence under frameworks like the Money Laundering Regulations and global financial crime standards, firms need tools that not only screen sanctions and Politically Exposed Persons (PEPs) but also verify identities reliably and efficiently.
Several solutions exist, but FigsFlow stands head and shoulders above the rest when it comes to delivering a truly integrated compliance workflow tailored for modern accounting practices.
Where Other Tools Excel and Where They Don’t
Before diving into why FigsFlow leads the pack, it’s worth understanding what other players offer:
- GoProposal provides builtin AML software and ID verification capabilities as an addon to its proposal and pricing platform, including basic client screening and optional biometric checks.
- NorthRow specialises in global identity verification with document authentication, liveness checks, sanctions and watchlist screening across jurisdictions.
- Other standalone AML/KYC tools exist that focus purely on screening and verification workflows, often targeting broad enterprise or fintech use cases.
While all these tools offer strong technical compliance features, they often lack deep integration with a firm’s client lifecycle or require multiple disconnected systems to manage proposals, engagement letters, document collection, verifications and risk assessments.
FigsFlow: A Unified, AccountantCentric Compliance Platform
FigsFlow reimagines AML software and ID verification by embedding them into a single compliance and onboarding workflow purposebuilt for accounting, bookkeeping and tax firms. It doesn’t treat verification as an addon, it makes it a core part of the client journey, from first contact to full compliance documentation and ongoing monitoring.
Here’s what truly sets FigsFlow apart:
- EndtoEndIntegration – From proposals and engagement letters to document collection, identity verification, sanctions screening and risk assessment, FigsFlow handles everything within one unified system. There’s no need to stitch together multiple tools or export/import data across platforms.
- Automated Electronic ID Verification-FigsFlow conducts automated identity verification against authoritative databases, not just visual inspection of documents. This meets the strict verification requirements expected by HMRC and other regulators, while reducing manual work.
- PurposeBuiltRisk Assessment Templates – The platform includes risk assessment templates specifically designed for the types of clients accountants serve — from property investors and trusts to trading entities and highnetworth individuals.
- Secure, Guided Document Collection-Clients submit their identity and proofofaddress documents through a secure portal tailored for compliance workflows, eliminating unsecured attachments and chaotic email trails.
- Full Audit Trails for Compliance Proof-Every verification check, document upload and risk assessment step is timestamped and recorded automatically, producing an auditready trail that demonstrates compliance to regulators.
- BuiltInOngoing Monitoring – FigsFlow continues to monitor risk profiles throughout the client relationship, flagging changes and reminding firms to reassess highrisk clients when needed. FigsFlow
Conclusion: A New Standard in AML and ID Verification
At a time when regulatory expectations are rising, firms can’t afford fragmented AML systems that leave gaps or require manual workarounds. While solutions like GoProposal and NorthRow provide important capabilities, FigsFlow stands head and shoulders above the rest by combining AML software and ID verification with complete onboarding, compliance automation, document management and audit trails.
